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Update: Consolidated Stores to Sell KB Toys
The company said it would sell the division for roughly $300 million, less than it paid for the firm.
Update: Wal-Mart Meets, J.C. Penney Beats Expectations
Many retailers are struggling to shelter themselves from a slowdown in consumer spending.
Update: Cendant Makes Bid Valued at $935 Million for Rest of Avis
The franchising giant currently owns about 18% of Avis.
Update: Best Buy, Ames Get Pummeled After Warnings
Ames is also cutting jobs, closing stores and taking a charge.